Don’t underestimate the amount of time it’s going to save you. It probably provides you with almost a full member of admin staff. It allows you to target the things which bring more revenue, which bring new business into the organisation. You’re not going to ever miss a renewal again.
When I was a team of one, the way in which the contracts were managed initially at Nexus, on that manual basis, with a manual spreadsheet, you know, I was spending a lot of time on administrative work. When actually the bigger ticket legal items, legal problems, legal contract negotiations weren’t being looked at. Nomio, when that came in for us and for me, it certainly helped take away a lot of that admin stress and burden.
Because it wasn’t a brand I was aware of, I think the first thing in your mind is: ‘Is it really going to take that short amount of time? Is it really going to be that easy, and how accurate is it going to be?’ I suspect it took me no longer than an hour to onboard. The accuracy has been hundred percent. There wasn’t anything I found to be incorrect there. It was all as it should be. You can view a contract in seconds.
You know, I always talk a lot about being in the proactive space as opposed to being reactive, and Nomio really allowed me to do that. You know where 100% of your contracts are. You know when all of your renewals are, you can set your reminders as frequently as you need. You can add your additional data points which, again, is going to help you on managing potential objectives within the business.
You know, the help functionality on Nomio is really good. You never have to wait long for a response. Where I find it has been very helpful in terms of saving time, is the amount of questions you get internally from the operation and the account managers, or the salespeople, who will say to me: ‘Can you tell me what’s in this contract?’ They have access to Nomio so they can go in, search for their customer contracts.
They can review those contracts they can find clauses themselves. From a team perspective, the time saved then, you know, absolutely huge.
How Nexus Rental uses Nomio, the contract data platform
“It took me no longer than an hour to onboard with Nomio, and the accuracy has been 100%”
Nexus Rental is a growing rental business. Before Nomio, Nexus managed contracts manually with spreadsheets. This was a slow, admin-heavy process that took time away from high-value legal work and created the risk of missed revenue opportunities.
Here’s where Nomio helped:
- From spreadsheets to a streamlined system
- Fast, accurate onboarding
- Saving time and unlocking revenue
- Removing the legal bottleneck
- Providing software and a service
“Before Nomio, it was a very manual process, time-consuming and using very old tools.”
Manual process
“Before Nomio, everything was done very manually. Contract management involved finding agreements, placing them on an Excel spreadsheet, and remembering to have conversations with account management teams and sales teams around renewals and price changes.”
Too much admin, not enough legal work
“My time was spent on too many admin tasks, when actually the bigger ticket legal items, like legal problems and contract negotiations, weren’t being looked at as much as they should have been.”
“The accuracy has been 100%. There wasn’t anything I found to be incorrect.”
Initial doubts
“I think the first thing in your mind is, is it really going to take that short amount of time? Is it really going to be that easy? And how accurate is it going to be?”
Quick setup
“I was very surprised. I managed to upload all of our contracts in probably two different sessions of half an hour of my time. It took me no longer than an hour to onboard with Nomio, and the accuracy has been 100%. There wasn't anything I found to be incorrect there. It was all as it should be.”
“Nomio helps me maximise any future tariff increases and additional revenue.”
The equivalent of extra staff
“It probably provides you with almost a full member of admin staff. Nomio helps with managing renewals, looking at those contracts, pulling out those contracts, the whole way in which you can view a contract in seconds just by clicking on it, by searching for it, by finding and comparing it against other contracts, finding clauses, not going through it manually, by your search function. All of that in terms of resource is huge.”
Never missing renewals
“Because you are proactively managing everything, you know where 100% of your contracts are and when all of your renewals are. You can add your additional data points, which again is going to help you manage potential objectives within the business.”
“Nomio reduces the number of questions coming into the legal team and ultimately saves you time.”
Reducing the number of questions
“What I find very helpful in terms of saving time is the number of questions you get internally from the account managers or the salespeople who will say to me, ‘Can you tell me what's in this contract? ’”
Enable the business to self-serve
”The rest of the business can have access to Nomio to search for their customer contracts, review those contracts, find clauses themselves, and self-serve. This reduces the number of questions and queries coming into the legal team and ultimately saves you time.”
“Don’t underestimate the amount of time it’s going to save you”
Responsive help
“The help functionality on Nomio is really good. I do like that. I think that’s very helpful. But also direct questions that are raised either through the platform or emails directly to yourself are always answered very quickly. We never have to wait long for a response.”
Put us to the test
“First and foremost, give it a go. Look at what’s on offer and what it can provide you. And more than anything, don’t underestimate the amount of time it’s going to save you.”
Why there’s nothing better than Nomio on the market.
“There is no one else on the market that offers this level of customisation with a repository”
